ranlo
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January 31, 2015, 09:32:25 PM |
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Can you please explain what the point of limit orders is? If it just buys/sells if the price hits certain points, you could achieve the same thing if you just set a sell order and a buy order. So what is the benefit of a "limit" order?
An order to buy or sell can either be a "market" order, or a "limit" order. A market order means you take whatever price the market is currently offering and executes immediately. A limit order has a particular price and executes whenever someone executes a market order against it. Limit orders add liquidity; market orders remove liquidity. http://en.wikipedia.org/wiki/Order_%28exchange%29Ahhh, I see now. The "Limit" is the normal buy/sell on places like Cryptsy then. That explains the confusion. Thanks, .
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dooglus (OP)
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February 01, 2015, 03:19:32 AM Last edit: February 01, 2015, 06:03:31 AM by dooglus |
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Ahhh, I see now. The "Limit" is the normal buy/sell on places like Cryptsy then. That explains the confusion. Thanks, . I guess that depends on whether you are asking for a better or worse price than is currently on offer. If you put in an order to sell CLAM for more than someone is willing to pay for them for right now, that's a limit order, and it will stay in the orderbook until it is matched. If you put in an order to sell CLAM for less than someone is willing to pay for them right now, that's a market order, and at least some of it will be filled immediately.
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cryptasm
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February 03, 2015, 10:56:07 AM |
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Also got into claims and understand them finally fully since today thanks to doog=)
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picolo
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February 03, 2015, 12:58:24 PM |
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Ahhh, I see now. The "Limit" is the normal buy/sell on places like Cryptsy then. That explains the confusion. Thanks, . I guess that depends on whether you are asking for a better or worse price than is currently on offer. If you put in an order to sell CLAM for more than someone is willing to pay for them for right now, that's a limit order, and it will stay in the orderbook until it is matched. If you put in an order to sell CLAM for less than someone is willing to pay for them right now, that's a market order, and at least some of it will be filled immediately. If you put a limit order, you may get a better price than the best price available but the market could move on you and you will not have buy/sell so you will have to settle for a worse price than you could have. On poloniex it's common to see as much as 0.0002 or 0.0003 so as much as 5% of difference between the best bid and the best ask so you often want to try to get a better price than you would get from a market order but your order will usually not be filled fast.
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uvwvj
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February 03, 2015, 07:14:45 PM |
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14:08:52 INFO: 62,689 of 3,208,032 sets of 4.60545574 CLAM were dug up so far from the initial distribution 14:08:52 INFO: 288,711 CLAM were dug up and 220,147 CLAM were staked for a total of 508,858 CLAM 14:08:52 INFO: Just-Dice's onsite bankroll of 355,323 CLAM represents 69.83% of that amount 14:08:52 INFO: if all the distributed CLAMs were dug up, the total money supply would be 14,994,548 CLAM 14:08:52 INFO: the total bankroll of 12,370,052 CLAM is made up of 355,323 CLAM onsite and 12,014,729 CLAM offsite 14:08:52 INFO: the average multiplier (total / onsite) is 34.81xMarket Cap of CLAM (508858) CLAM = $664,807 USDJD opened ~2 Months Profit is $141,064 *10% = $14,064 * 6 (2 month increments) * 10 Years = $846,384 USDBelieve it or not Clams might be a little underpriced -
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ranlo
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February 03, 2015, 07:42:41 PM |
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14:08:52 INFO: 62,689 of 3,208,032 sets of 4.60545574 CLAM were dug up so far from the initial distribution 14:08:52 INFO: 288,711 CLAM were dug up and 220,147 CLAM were staked for a total of 508,858 CLAM 14:08:52 INFO: Just-Dice's onsite bankroll of 355,323 CLAM represents 69.83% of that amount 14:08:52 INFO: if all the distributed CLAMs were dug up, the total money supply would be 14,994,548 CLAM 14:08:52 INFO: the total bankroll of 12,370,052 CLAM is made up of 355,323 CLAM onsite and 12,014,729 CLAM offsite 14:08:52 INFO: the average multiplier (total / onsite) is 34.81x
Is there a total cap on CLAM or will it always produce 1 per staked block in perpetuity?
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dooglus (OP)
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February 04, 2015, 02:27:02 AM |
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14:08:52 INFO: 62,689 of 3,208,032 sets of 4.60545574 CLAM were dug up so far from the initial distribution 14:08:52 INFO: 288,711 CLAM were dug up and 220,147 CLAM were staked for a total of 508,858 CLAM 14:08:52 INFO: Just-Dice's onsite bankroll of 355,323 CLAM represents 69.83% of that amount 14:08:52 INFO: if all the distributed CLAMs were dug up, the total money supply would be 14,994,548 CLAM 14:08:52 INFO: the total bankroll of 12,370,052 CLAM is made up of 355,323 CLAM onsite and 12,014,729 CLAM offsite 14:08:52 INFO: the average multiplier (total / onsite) is 34.81x
Is there a total cap on CLAM or will it always produce 1 per staked block in perpetuity? The network rules as they currently stand say 1 per block forever. But the rules have changed many times in the past. I would be surprised if they didn't change again. For a while the block reward was a lottery: a random number between 0.1 and 1000 CLAM per block, heavily weighted towards 0.1, but not really random. As a result it was gameable and so eventually was gamed, and thus changed to the current system. Before the lottery, the reward depended on the age of the coin that was staking.
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Just-Dice | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | Play or Invest | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | 1% House Edge |
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SuperClam
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February 04, 2015, 02:37:51 AM |
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14:08:52 INFO: 62,689 of 3,208,032 sets of 4.60545574 CLAM were dug up so far from the initial distribution 14:08:52 INFO: 288,711 CLAM were dug up and 220,147 CLAM were staked for a total of 508,858 CLAM 14:08:52 INFO: Just-Dice's onsite bankroll of 355,323 CLAM represents 69.83% of that amount 14:08:52 INFO: if all the distributed CLAMs were dug up, the total money supply would be 14,994,548 CLAM 14:08:52 INFO: the total bankroll of 12,370,052 CLAM is made up of 355,323 CLAM onsite and 12,014,729 CLAM offsite 14:08:52 INFO: the average multiplier (total / onsite) is 34.81x
Is there a total cap on CLAM or will it always produce 1 per staked block in perpetuity? The network rules as they currently stand say 1 per block forever. But the rules have changed many times in the past. I would be surprised if they didn't change again. For a while the block reward was a lottery: a random number between 0.1 and 1000 CLAM per block, heavily weighted towards 0.1, but not really random. As a result it was gameable and so eventually was gamed, and thus changed to the current system. Before the lottery, the reward depended on the age of the coin that was staking. Accurate as always, dooglus CLAM is a consensus supported p2p open source project. The current consensus provides for roughly 3% inflation (less systemic deflation) in perpetuity.
There have been some ideas, including demurrage and proof-of-burn, that have been discussed; none of which are any where near "agreed", let alone coded. And barring a fundamental change to the incentive structure such as the above; the current intention is to proceed with the monetary policy as it is set out in the current code base.
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ranlo
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February 04, 2015, 03:57:02 AM |
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14:08:52 INFO: 62,689 of 3,208,032 sets of 4.60545574 CLAM were dug up so far from the initial distribution 14:08:52 INFO: 288,711 CLAM were dug up and 220,147 CLAM were staked for a total of 508,858 CLAM 14:08:52 INFO: Just-Dice's onsite bankroll of 355,323 CLAM represents 69.83% of that amount 14:08:52 INFO: if all the distributed CLAMs were dug up, the total money supply would be 14,994,548 CLAM 14:08:52 INFO: the total bankroll of 12,370,052 CLAM is made up of 355,323 CLAM onsite and 12,014,729 CLAM offsite 14:08:52 INFO: the average multiplier (total / onsite) is 34.81x
Is there a total cap on CLAM or will it always produce 1 per staked block in perpetuity? The network rules as they currently stand say 1 per block forever. But the rules have changed many times in the past. I would be surprised if they didn't change again. For a while the block reward was a lottery: a random number between 0.1 and 1000 CLAM per block, heavily weighted towards 0.1, but not really random. As a result it was gameable and so eventually was gamed, and thus changed to the current system. Before the lottery, the reward depended on the age of the coin that was staking. Accurate as always, dooglus CLAM is a consensus supported p2p open source project. The current consensus provides for roughly 3% inflation (less systemic deflation) in perpetuity.
There have been some ideas, including demurrage and proof-of-burn, that have been discussed; none of which are any where near "agreed", let alone coded. And barring a fundamental change to the incentive structure such as the above; the current intention is to proceed with the monetary policy as it is set out in the current code base. Technically, all cryptos are consensus-based, though... voted on by the miners. In any case, thanks for the clarification!
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chriswen
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February 04, 2015, 04:56:52 AM |
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Another thing to consider is whether profit staking is actually profit as it increases the money supply.
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dooglus (OP)
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February 04, 2015, 08:51:27 AM |
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Another thing to consider is whether profit staking is actually profit as it increases the money supply.
At least part of it is profit, since not all CLAMs are trying to stake. There are thousands on poloniex which never get to stake, for instance. The ~15 million that haven't been dug up also aren't staking, so by staking you're increasing your share of the total money supply.
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CoinDiver
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February 04, 2015, 03:29:39 PM |
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What's the easiest way to claim the clams from an old bitcoinqt wallet?
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coric
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ExToke - Fee Free Trading
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February 04, 2015, 07:46:30 PM |
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What's the easiest way to claim the clams from an old bitcoinqt wallet?
I used the just-dice website, because at the time the Clam client for OSX didn't exist yet. Transferred all to a new bitcoin address, went on bitcoinqt through the list (listaddressgroupings on qt console) then entered the private key of the empty (funded) ones.
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chriswen
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February 04, 2015, 08:53:25 PM |
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Well things are shaping up. I think there is a bit more liquidity which is good.
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cloverme
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SpacePirate.io
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February 05, 2015, 12:14:27 AM |
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The network rules as they currently stand say 1 per block forever. But the rules have changed many times in the past. I would be surprised if they didn't change again.
For a while the block reward was a lottery: a random number between 0.1 and 1000 CLAM per block, heavily weighted towards 0.1, but not really random. As a result it was gameable and so eventually was gamed, and thus changed to the current system. Before the lottery, the reward depended on the age of the coin that was staking.
Was that the "pearl reward" that I hear about every now and again or is it something else?
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chriswen
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February 05, 2015, 03:42:20 AM |
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The network rules as they currently stand say 1 per block forever. But the rules have changed many times in the past. I would be surprised if they didn't change again.
For a while the block reward was a lottery: a random number between 0.1 and 1000 CLAM per block, heavily weighted towards 0.1, but not really random. As a result it was gameable and so eventually was gamed, and thus changed to the current system. Before the lottery, the reward depended on the age of the coin that was staking.
Was that the "pearl reward" that I hear about every now and again or is it something else? yeah that was the pearl reward.
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dooglus (OP)
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February 05, 2015, 08:04:59 AM |
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Was that the "pearl reward" that I hear about every now and again or is it something else?
yeah that was the pearl reward. You're thinking of "proof of pearl", and I think it's something to do with a mining pool run by the CLAM developers. I never paid it much attention because I don't mine, but from the little I read about it I think you point your mining gear at their pool, they mine whatever altcoin is most profitable, and use it to buy CLAM on the exchange, then send you the CLAM they bought. There was something about the payouts being long lived - slow to start up and slow to die off. I've not heard of it for a while now. I don't know if it's still a thing or not. You could ask on the CLAM thread or on #clams on freenode IRC. Or ask creative or xploited if you see them in the JD chat.
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Just-Dice | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | Play or Invest | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | 1% House Edge |
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SuperClam
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February 05, 2015, 08:10:10 AM |
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The network rules as they currently stand say 1 per block forever. But the rules have changed many times in the past. I would be surprised if they didn't change again. For a while the block reward was a lottery: a random number between 0.1 and 1000 CLAM per block, heavily weighted towards 0.1, but not really random. As a result it was gameable and so eventually was gamed, and thus changed to the current system. Before the lottery, the reward depended on the age of the coin that was staking.
Was that the "pearl reward" that I hear about every now and again or is it something else? There is some ambiguity; there are three concepts that have at times been called "proof-of-pearl". 1. A new payout system that existed at a since shut-down multi-pool, which featured long-term payouts similar to p2pool, but much longer "n" periods. 2. The CLAM lottery. An algorithm for determining random block reward, which has also since been removed due to exploits. 3. I have even heard the CLAM distribution, officially called Proof-Of-Chain, referred to as Proof-of-pearl.
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zeeman
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February 05, 2015, 03:12:19 PM |
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I tried to look for some info that I couldn's find. Maybe someone here knows where to get it. When I buy Apple stock I can see the daily +0.34% or -4% etc. When I look some further I can even see Apple up 20% in a couple of weeks etc.
When it come to Just-Dice I can see daily profit in CLAMS, but is there a graph anywhere showing how much an investment is up in % for a day? Say someone invested 100 coins, are they up 1% (to 101 CLAMS) or down 2% (98 CLAMS). Is there a maximum drwaback over X-months, showing how much in % an investment in the house went down???
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Keyser Soze
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February 05, 2015, 04:48:28 PM |
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I tried to look for some info that I couldn's find. Maybe someone here knows where to get it. When I buy Apple stock I can see the daily +0.34% or -4% etc. When I look some further I can even see Apple up 20% in a couple of weeks etc.
When it come to Just-Dice I can see daily profit in CLAMS, but is there a graph anywhere showing how much an investment is up in % for a day? Say someone invested 100 coins, are they up 1% (to 101 CLAMS) or down 2% (98 CLAMS). Is there a maximum drwaback over X-months, showing how much in % an investment in the house went down???
Doog will periodically post some of the information you are looking for. From a recent post:Dec 12 2014 0.00% 100.00% Dec 15 2014 3.64% 103.64% Dec 22 2014 5.02% 108.85% Dec 29 2014 2.09% 111.13% Jan 5 2015 8.16% 120.20% Jan 12 2015 5.28% 126.55% Jan 19 2015 3.55% 131.04%
Jan 20 2015 0.72% 131.99%
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